Digital Age Hurting Silver Recycling In Film Industry – IPMI Speaker | Kitco News

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Kitco News speaks with Rochester Silverworks’ Chip Milligan regarding the company’s business and how it has been affected by recent silver prices. “We do follow the prices of silver closely,” he says. “When silver prices drop, as it has, we see people holding on to their material a little longer.” Rochester Silverworks rose from the ashes of Eastman Kodak to become its own company, which processes scrap film and transforms it into silver chemicals. Because of the new digital age of photography, Milligan says the company has felt the pinch. “I think digitalization has made it tougher for companies to find that film,” he adds. Tune in now to learn more about the company’s patented process to extract silver nitrate as well as see what Milligan thinks of the silver market. Kitco News, June 9, 2014.

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